An Illinois-based music merch company has shut down abruptly, taking down the online stores of artists including Mitski, Dashboard Confessional and Chappell Roan.

In a note posted on LinkedIn on Monday, Dec. 18, Stevie Hopkins, founder of SCP Merchandising, announced the “imminent and permanent shutdown” of the company.

“We intend to formalize the cessation of our operations by commencing one or more Chapter 7 bankruptcy cases in which a trustee will be appointed to administer the assets of SCP,” Hopkins wrote.

According to the LinkedIn note, Hopkins has been fighting to keep the merch company open for nearly a year, but was unable to avoid a shutdown. Terminating the company’s 150 employees “one week before the holidays is the hardest thing I’ve had to do in my life and my greatest sadness,” Hopkins wrote.

Online stores run by SCP have been shuttered, including ones for Mitski, Father John Misty, Alec Benjamin, Dashboard Confessional, Louis the Child and Chappell Roan, according to a report in Billboard. A source in artist management told Billboard that they hadn’t heard from SCP yet about retrieving the rest of their merchandise. The source also noted that they had chosen SCP over its competitors because of the merch company’s lower pricing – taking 15% of net sales compared to around 20% of gross charged by other firms.

On its website, SCP calls itself a “full-service creative collaborator.” The shuttering firm lists an array of capabilities, including embroidery, web management, design, sales analytics, order fulfillment, production, sourcing, printing and webstore design. Past and present clients of SCP include Billie Eilish, Keith Urban and Carly Rae Jepsen.

Hopkins noted on LinkedIn that he would try his best to help clients and vendors collect their merchandise, but that it would be “completely out of my control.” He apologized for consumers who would never receive holiday gifts they’d ordered from SCP-run merch stores.

“For the next week or so, I ask for everyone’s patience as time is of the essence for me and my team to organize and transition to an orderly winddown and put all available resources into fulfilling obligations to all constituencies,” Hopkins wrote.

In addition to running SCP Merchandising, Hopkins owns a disability advocacy lifestyle brand called 3E Love, which he said will also be “ceasing operations but for an undetermined amount of time.”